Rollovers & Restructures Part 2

Practical guide to accessing the Demerger Relief

The CGT demerger provisions can be usefully applied to allow businesses to achieve many strategic commercial objectives. The rules and their application can be complex and there are a number of pitfalls for the unwary.

This session addresses the subject of the capital gains tax (CGT) demerger relief under Division 125 of the Income Tax Assessment Act 1997. It provides a practical guide to accessing the relief and to enhance your working knowledge of the rollover in the context of its practical application. This is a more advanced CGT topic and it is aimed at more senior accounting and taxation professionals.  

The webinar highlights the common methods under which demergers are undertaken and deals with the concept of ‘demerger benefits’. The operation of s 45B of the Income Tax Assessment Act 1996 is covered, along with practical guidance on how to manage this. Meaningful worked examples are provided throughout.

Learning Outcomes:

Attendees will gain a practical understanding of these provisions, including the concept of what constitutes

• a ‘demerger group’;
• a ‘head entity’; and
• a ‘demerged entity’ and ‘demerging entity’.

Suited to:

Accounting, taxation and legal professionals at all levels and is intended to enhance your working knowledge of the CGT demerger relief and to demonstrate how it can be used in an effective manner in practice.

This On Demand includes: 

• a recording of the webinar Event which can be viewed multiple times
• a PDF of the presenter’s PowerPoint
• a verbatim Transcript
• any supporting documentation
• a CPD Certificate after successful completion of the Knowledge Quiz